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The NJ Housing and Mortgage Finance Agency works closely with developers, providing a variety of services and programs to assist them with the production and preservation of affordable housing. For information on specific programs, review the menu items below.


2016 Volume Cap
The Agency encourages and continues to accept applications for multifamily developments. 2016 Volume cap will be provided to as many qualified projects as are reasonably feasible, subject to the continued availability of volume cap for these purposes.

Due to the overwhelming demand for 2016 volume cap, the initial priorities are as follows:

  1. Superstorm Sandy projects receiving Fund for the Restoration of Multifamily Housing (FRM) and/or Sandy Special Needs Housing Fund (SSNHF) funds;
  2. Non-Sandy projects that have received a commitment, or those previously scheduled to receive an Agency financing commitment; and
  3. Agency portfolio workout projects.

Based on these priorities, the Agency anticipates that the 2016 volume cap allocation may be fully exhausted. Applicants that do not meet a listed priority should be aware that the first availability for a firm commitment may be delayed until 2017.

2017 Volume Cap
The Agency is continually monitoring the utilization of volume cap and will review whether there is a need for a priority funding criteria for projects requesting volume cap for 2017 and beyond. 

UNIAP - The Unified Application for HMFA Multifamily Rental Housing Production Programs

If you are a developer building or preserving rental housing that is affordable to low- and moderate-income households, your project may require funding from more than one source.

To assist you, HMFA has streamlined the process for applying to these programs with the UNIAP, which is an acronym for the Unified Application for HMFA Multifamily Rental Housing Production Programs.

The UNIAP will create an application for you based upon the combination of programs to which you are applying.

CDBG Sandy Disaster Recovery Program

Click here to find out more about the Community Development Block Grant - Disaster Recovery (CDBG-DR) program.

Multifamily Developers

The Division of Multifamily Lending/Preservation offers several financing options to assist sponsors and developers in the preservation of affordable housing. Learn more about HMFA's multifamily rental housing financing programs and the application requirements here.

Low Income Housing Tax Credits

Information about the NJHMFA's Low Income Housing Tax Credits Program


Information about the NJHMFA's CHOICE Program

Special Needs

Information about the programs available for developers working on Special Needs projects